SC summons reply from FBR, provinces, telcos over unprecedented taxation
ISLAMABAD:Â The Supreme Court (SC) on Tuesday summoned the federal government, Federal Board of Revenue, provinces and telecom companies to submit a response...
High-level Afghan delegation visits Pakistan to improve bilateral tradeÂ
ISLAMABAD: A high-ranking ministerial delegation from Afghanistan, led by Deputy Minister for Commerce H E Kamila Sidiqi had met with Commerce Secretary...
Alibaba acquires 100 percent stake in Daraz
The financial details of the transaction were not revealed and Daraz would continue to operate under the same brand following the sale to Alibaba, said Rocket Internet.
Pakistan invites Iran for talks over stalled IP gas pipeline
Iran sought $1.2 billion in damages as per the penalty clause from January 1, 2015. As per the agreement, if Pakistan didn't take gas supplies from Iran, it is bound to pay a fine of $1 million per day
Bahria Town Karachi prices plummet 20 percent post-SC verdict: Report
Real estate owners have said transactions in Bahria Town Karachi properties has dried up since the Supreme Court verdict late last week
Govt draws up revisions in legal structure after K-Electric deal
ISLAMABAD: The incumbent government is said to have drawn up revisions in the legal structure surrounding the acquisition of Shanghai Electric of...
Foreign lenders rebuff appeal for transfer of loans to transmission line projects
The power division in its tabled summary demanded Rs9.84 billion via the issuance of sovereign guarantees to be obtained from local commercial banks for connecting new nuclear plants in Karachi to the national grid
Senate panel advises to loosen curbs on non-filers in car, property purchases
The Senate panel suggested non-filers of income tax returns to be given permission for buying or importing cars up to 1,000cc with the target to assist the middle-income group
Senate panel approves taxing tech giants Google, Amazon and Facebook
Pakistan's laws now stand compliant with OECD rules and regulations
Govt contemplating to scrap regulatory duty on dry milk imports
Bilateral trade between Pakistan and Netherlands crossed the $1.21 billion mark during 2016-17 and in July-April 2017-18 total trade volume stood at $1.54 billion
ECAP asks central bank to scrap Pakistan remittance initiative
ECAP backed the embargo enforced by the Dubai government and said it shouldn’t be reversed
Government to issue floating rate PIBs to raise Rs150 billion: SBP
The auction for these 10-year bonds is expected to be held on May 16th, June 13th and July 11th in which Rs50 billion each is being targeted to be raised
FPCCI to meet PM, Finance Minister to discuss budget anomalies
FPCCI to hold a meeting on Tuesday with Prime Minister Shahid Khaqan Abbasi and Federal Finance Minister Dr Miftah Ismail to discuss the issues and anomalies of the recently announced Federal Budget 2018-19.
Bilateral trade between Pakistan, Netherlands crossed $1.21bn in 2016-17
Bilateral Trade between the two countries has crossed $1.21 billion mark during 2016-17 and in July-April 2017-18 total trade volume was $1.54 Billion - exports at $716.18 million and imports at $831.18 million.
PAMA urges Ministry of Finance to remove restriction for non-filers
The new initiative of restricting non-filers from purchasing motor vehicles to cause a reduction in the sale of 240,000 units